These Analysts Cut Their Forecasts On Charles Schwab After Q2 Results
These Analysts Cut Their Forecasts On Charles Schwab After Q2 Results
Walt Bettinger, Co-Chairman and CEO, said, "Client interest in our broad array of wealth solutions remained strong through June. Year-to-date enrollments are up ~30% versus the prior year period and net flows into Managed Investing solutions reached $25 billion – an increase of 56% versus the first 6 months of 2023."The Charles Schwab Corporation (NYSE:SCHW) posted better-than-expected reported second-quarter results on Tuesday.
週二嘉信理財（NYSE：SCHW）發佈的第二季度業績表現優於預期。
Adjusted net income declined 2% Y/Y to $1.465 billion. Adjusted EPS fell 3% Y/Y to 73 cents, beating the consensus of 72 cents, according to data from Benzinga Pro. Revenue rose 1% to $4.69 billion, beating the consensus of $4.68 billion. Asset management and administration fees rose 18% Y/Y to $1.38 billion.
根據Benzinga Pro的數據，調整後的淨利潤同比下降2％至14.65億美元。調整後的每股收益同比下降3％至73美分，超過預期的72美分。營業收入同比增長1％至46.9億美元，超過預期的46.8億美元。資產管理和行政費用同比上升18％至13.8億美元。
The company's new brokerage accounts increased 4% Y/Y to 35.6 million.
該公司新增的經紀帳戶同比增長4% 至3560萬個。
Walt Bettinger, Co-Chairman and CEO, said, "Client interest in our broad array of wealth solutions remained strong through June. Year-to-date enrollments are up ~30% versus the prior year period and net flows into Managed Investing solutions reached $25 billion – an increase of 56% versus the first 6 months of 2023."
共同主席兼首席執行官沃爾特·貝汀格表示：“客戶對我們廣泛的財富解決方案的興趣在6月份仍然很強。自去年同期以來，今年迄今爲止的註冊增長約爲30%，納入托管投資解決方案的淨流入達到250億元 - 比2023年前6個月增長了56%。”
Charles Schwab shares fell 10.2% to close at $67.43 on Tuesday.
週二嘉信理財股價下跌10.2％，收於67.43美元。
These analysts made changes to their price targets on Charles Schwab after the company released quarterly results.
這些分析師在嘉信理財發佈季度業績後對其價格目標進行了調整。
- TD Cowen analyst Bill Kirk downgraded the rating for Charles Schwab from Buy to Hold and lowered the price target from $88 to $71.
- B of A Securities analyst Craig Siegenthaler maintained the stock with an Underperform rating and slashed the price target from $72 to $66.
- TD Cowen分析師比爾·柯克（Bill Kirk）將嘉信理財的評級從買入降級爲持有，並將價格目標從88美元降至71美元。
- BofA Securities分析師Craig Siegenthaler維持該股票的跑輸市場評級，並將價格目標從72美元下調至66美元。
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